Avid Technology Current Valuation vs. Net Income
| AVIDDelisted Stock | USD 25.12 0.04 0.16% |
For Avid Technology profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Avid Technology to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Avid Technology utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Avid Technology's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Avid Technology over time as well as its relative position and ranking within its peers.
Avid |
Avid Technology Net Income vs. Current Valuation Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Avid Technology's current stock value. Our valuation model uses many indicators to compare Avid Technology value to that of its competitors to determine the firm's financial worth. Avid Technology is rated below average in current valuation category among its peers. It is rated below average in net income category among its peers making up about 0.04 of Net Income per Current Valuation. The ratio of Current Valuation to Net Income for Avid Technology is roughly 25.58 . Comparative valuation analysis is a catch-all technique that is used if you cannot value Avid Technology by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.Avid Current Valuation vs. Competition
Avid Technology is rated below average in current valuation category among its peers. After adjusting for long-term liabilities, total market size of Information Technology industry is presently estimated at about 109.18 Billion. Avid Technology claims roughly 1.41 Billion in current valuation contributing just under 2% to equities under Information Technology industry.
Avid Net Income vs. Current Valuation
Enterprise Value is a firm valuation proxy that approximates the current market value of a company. It is typically used to determine the takeover or merger price of a firm. Unlike Market Cap, this measure takes into account the entire liquid asset, outstanding debt, and exotic equity instruments that the company has on its balance sheet. When a takeover occurs, the parent company will have to assume the target company's liabilities but will take possession of all cash and cash equivalents.
Avid Technology |
| = | 1.41 B |
Enterprise Value can be a useful tool to compare companies with different capital structures. Long term liability and current cash or cash equivalents can have a huge impact on market valuation of a given company.
Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Avid Technology |
| = | 55.24 M |
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Avid Net Income Comparison
Avid Technology is currently under evaluation in net income category among its peers.
Avid Technology Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Avid Technology, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Avid Technology will eventually generate negative long term returns. The profitability progress is the general direction of Avid Technology's change in net profit over the period of time. It can combine multiple indicators of Avid Technology, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Avid Technology, Inc., together with its subsidiaries, develops, markets, sells, and supports software and integrated solutions for video and audio content creation, management, and distribution worldwide. The company was incorporated in 1987 and is headquartered in Burlington, Massachusetts. Avid Tech operates under SoftwareApplication classification in the United States and is traded on NASDAQ Exchange. It employs 1405 people.
Avid Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Avid Technology. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Avid Technology position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Avid Technology's important profitability drivers and their relationship over time.
Use Avid Technology in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avid Technology position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avid Technology will appreciate offsetting losses from the drop in the long position's value.Avid Technology Pair Trading
Avid Technology Pair Trading Analysis
The ability to find closely correlated positions to Avid Technology could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avid Technology when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avid Technology - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avid Technology to buy it.
The correlation of Avid Technology is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avid Technology moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avid Technology moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Avid Technology can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Avid Technology position
In addition to having Avid Technology in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Construction Materials Thematic Idea Now
Construction Materials
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Construction Materials theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Construction Materials Theme or any other thematic opportunities.
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Other Consideration for investing in Avid Stock
If you are still planning to invest in Avid Technology check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Avid Technology's history and understand the potential risks before investing.
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